414 PINE GLEN C-2, Greenacres FL
$1,520,000 · $200 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,520,000
- Price per sq ft: $200
- Building size: 7,607 sq ft
- Zoning: RM
- Year built: 1981
- Units: 10
- Stories: 1
- Parking spaces: 10
- Units leased / vacant: 10 leased · — vacant
- Parcel ID: 18424427164140032
- MLS#: B26092544








About this property
6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*
Building Features and Utilities
- CBS
Operating Statement
| Property taxes | $20,601/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Real - ativity · elizabeth@real-ativity.com · Listing agent: Elizabeth A Lewis
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 414 PINE GLEN C-2 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 414 PINE GLEN C-2
- How much is 414 PINE GLEN C-2?
- 414 PINE GLEN C-2 is listed at $1,520,000, about $200 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 414 PINE GLEN C-2 zoned?
- The listing reports zoning of RM. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 414 PINE GLEN C-2?
- The listing reports 7,607 square feet of building.
- When was 414 PINE GLEN C-2 built?
- 414 PINE GLEN C-2 was built in 1981. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 414 PINE GLEN C-2?
- The listing reports annual property taxes of $20,601 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 414 PINE GLEN C-2?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
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